Personal Budgeting Concepts

Quiz
•
Social Studies
•
1st - 5th Grade
•
Hard
+17
Standards-aligned
Timothy Wright
Used 1+ times
FREE Resource
11 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A ____ is something we must have to stay alive.
Tags
CCSS.RF.1.3
CCSS.RF.1.4
CCSS.RF.2.3C
CCSS.RF.2.4
CCSS.RF.4.3A
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A ____ is something we would like to have but can live without.
Tags
CCSS.L.1.6
CCSS.L.3.6
CCSS.L.4.6
CCSS.RL.1.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of income?
Money that is spent on something
Money set aside for future use
Money that comes from a job.
Food
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the three main elements of a personal budget?
Income, Expenditures, Wants
Needs, Wants, Desires
Income, Savings, Needs
Income, Savings, Expenditures
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A part
Income
Element
Needs
Finance
Tags
CCSS.6.EE.A.2C
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Personal Budget
Money
A plan on when to do certain events
A piece of paper
A plan for a household on how to use money
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the best description of when savings would be needed?
An emergency or large purchase
Entertainment
A vacation
A new DVD
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